In 2023, the leather products industry in Switzerland employed approximately 1.71 thousand people. Forecasts indicate stability with a slight decline, moving to 1.7 thousand employees from 2025 to 2027, and a minor drop to 1.69 thousand in 2028. Over the last two years, the year-on-year variation shows a negligible reduction of 0.58%, indicative of a stable employment landscape in this sector.
The Compound Annual Growth Rate (CAGR) for the next five years is projected to be around -0.23%, reflecting a very gradual decrease in employment numbers.
Future trends to watch for include:
- Technological advancements and automation potentially leading to further decline in traditional leather product manufacturing jobs.
- Rising demand for sustainable and ethically-produced leather goods, which may impact employment within specialized niches.
- Market shifts toward synthetic alternatives which could affect overall employment in the leather sector.
